Stephen C. Estes - 04 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: Chief Administrative Officer
Signature: C. David Watson, Attorney-in-Fact for Stephen C. Estes
Issuer symbol: REYN
Transactions as of: 04 Feb 2022
Net transactions value: -$27,367
Form type: 4
Filing time: 08 Feb 2022, 20:20:46 UTC
Previous filing: 03 Feb 2022
Next filing: 03 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REYN	Common Stock	Options Exercise	$0	+3,365	+65%	$0.000000	8,571	04 Feb 2022	Direct
transaction	REYN	Common Stock	Tax liability	$27,367	-908	-11%	$30.14	7,663	04 Feb 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	REYN	Restricted Stock Units	Options Exercise	$0	-3,365	-50%	$0.000000	3,366	04 Feb 2022	Common Stock	3,365		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F2	Each RSU represents a contingent right to receive one share of the Company's common stock.
F3	RSUs vest as follows: 3,365 of the RSUs vested on February 4, 2021, 3,365 of the RSUs vested on February 4, 2022 and 3,366 of the RSUs vest on February 4, 2023.